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<br />city of Centervi1le <br />COUDCil MeetirIs Minutes <br />June r/. 20CT1 <br /> <br />VB. OLD BUSINESS <br /> <br />1. Final Plat" Deyelo.pers Agreement - Clearwater Creek Est:ates/.Flan7Jll <br />~ved ji'om the"", ) <br /> <br />2. Old Mill Road Utility " Street Iq)rovement Bids. Resolvtion #07-XXX: <br />Al"~1 pitt " Awarding Pro.ifctt - Precision Excav~ni " Qradi!ll (Jlemoved <br />from the aaenda.) <br />3. ~ Groqp DoWntown Redeve1Qpment DevetQpers Agreement (1lemoved tom <br />the aaenda.) <br /> <br />4. Consider Public Works FaciIit;y Purc~ - 2085 Cedar Street <br /> <br />City Administrator Larson reported that the City entered into an option agreement to <br />purchase the 2085 Cedar Street property. He reminded Council that staff was tasked to <br />explore the possibility of refining potential improvements to the property to meet the <br />needs of a Public Works facility and to structure a transaetion to pin ownershlp of the <br />property by June 30 to not have a taxable property for the following year. Mr. Larson <br />stated that staff concluded there were too many issues to be resolved and therefore, would <br />not be able to save on the taxes. He indicated that staff would like feedback from the <br />Council regarding future ~.' He stated that it would take approximately two <br />. additional weeks to resolve the issues. <br /> <br />Councilmember Lee stated that he desire additional options for a PubHc Works facility. <br />He commented that he would like to consider renovating the existing site. <br /> <br />Mayor Capra asked City Attorney Glaser to explain the difference between a contract for <br />deed versus an out right purchase. <br /> <br />City Attorney Glaser replied that a contract for deed uses other people.s money. He <br />stated that this saves some money. He explained that the requirements for a Contract for <br />Deed include a ten-day notice, a Council meeting to prepare the Contract for Deed. and <br />publishing the information. He mentioned that because of the project size, and if the <br />Contract for Deed is for over $700,000, there must be a notice 10 the public. <br /> <br />Mayor Capra stated that this bas not been done in the past and questioned what the <br />benefit of a Contract for Deed would be. <br /> <br />city AdQlinistrator Larson replied that the Contract for Deed was attractive because the <br />title could be tranaferred to the City prior to completing the project. He stated that a <br />Contract for Deed is only one option. <br /> <br />Mayor Capra stated that she is in favor ofpursuins the 2085 Cedar Street property and is <br />not in favor of renovating the current site. <br /> <br />Page S of 11 <br />